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ABC issues news releases on the latest policy and construction-related economic data and trend news. Commercial and industrial economic releases include monthly analyses of federal data reports on construction spending, employment, the Producer Price Index and quarterly GDP. ABC construction economic releases are produced according to this schedule.


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From the monthly archives: October 2015

We are pleased to present below all posts archived in 'October 2015'. If you still can't find what you are looking for, try using the search box.

September Construction Unemployment Rates Improve in 48 States from 2014

Friday, October 30, 2015 9:00 AM
September proved to be a good month for construction unemployment rates. The not seasonally adjusted (NSA) construction unemployment rates for the country and 48 states were down in September on a year-over-year basis. For the first three quarters of the year, construction added 121,000 seasonally adjusted (SA) jobs. At the same time, NSA jobs increased by 199,000 from September 2014 to September 2015. Read the rest of entry »

Economic Growth Stronger than Headline GDP Figure Suggests

Thursday, October 29, 2015 12:25 PM
WASHINGTON, D.C.—In a sign of continued recovery for the  U.S. economy, both real gross domestic product (GDP) and nonresidential fixed investment expanded during the third quarter, according to an analysis by Associated Builders and Contractors (ABC) of today’s  release from the Bureau of Economic Analysis. GDP expanded 1.5 percent (seasonally adjusted annual rate) during the third quarter while nonresidential fixed investment expanded by 2.1 percent during that period, both
building on positive results from the previous quarter. Read the rest of entry »

ABC Announces Young Professional of the Year Finalists

Thursday, October 22, 2015 8:00 AM
WASHINGTON, D.C. – Associated Builders and Contractors (ABC) continued its celebration of Careers in Construction Month today by announcing three finalists for its first Young Professional of the Year Award. Finalists were chosen based on their career achievement, leadership and vision for future industry enhancement from a field of more than 100 nominations representing 47 ABC chapters and more than 80 member companies. Read the rest of entry »

Confidence Rises During the First Half of the Year

Thursday, October 15, 2015 10:04 AM
WASHINGTON, D.C. –Associated Builders and Contractors’ (ABC) Construction Confidence Index (CCI) survey indicates that contractor confidence will continue to edge higher in the first half of 2015. The diffusion index measures forward-looking construction industry expectations in sales, profit margins and staffing levels with readings above 50 indicating growth. Read the rest of entry »

Construction Material Prices Plunge in September

Wednesday, October 14, 2015 11:11 AM
Prices for inputs to construction industries plunged 1.6 percent in September after shedding 0.9 percent in August, the Bureau of Labor Statistics reported today. Year-over-year prices were down 5.3 percent for the month, the largest yearly decrease since October of 2009. Inputs to nonresidential construction prices also declined, losing 1.6 percent for the month and 6 percent for the year. Only three of the 11 key input prices expanded on a monthly basis in September, while six experienced double-digit year-over-year declines, according to analysis by Associated Builders and Contractors. Read the rest of entry »

ABC Celebrates Careers in Construction Month

Tuesday, October 13, 2015 9:47 AM
WASHINGTON, D.C. – Associated Builders and Contractors (ABC) is celebrating Careers in Construction
Month this October by recognizing the investment its members and chapters make each year to attract and train the construction workers of the future. ABC member firms spend $1.1 billion on workforce development and train approximately 476,000 construction industry professionals annually. Read the rest of entry »

Construction Employment Rises Despite Lackluster National Jobs Report

Friday, October 2, 2015 11:11 AM
U.S. construction industry employment edged higher in September despite a disappointing jobs report for the overall U.S. economy. The number of construction jobs expanded by 8,000 on a net basis in September, with nonresidential builders and specialty trade contractors collectively creating 6,800 of those net new jobs. The number of jobs in the heavy and civil engineering category declined by 2,200, however. Read the rest of entry »

Nonresidential Construction Spending Expands for Seventh Consecutive Month

Thursday, October 1, 2015 11:55 AM
August marked the seventh consecutive month nonresidential construction spending expanded according to an Oct. 1 release supplied by the U.S. Census Bureau. Nonresidential spending totaled $696.3 billion on a seasonally adjusted, annualized basis in August, a 0.3 percent increase from the previous month and a 12.3 percent increase from the same time last year. The Census Bureau downwardly revised July’s estimate from $696.1 billion to $694.1 billion. Read the rest of entry »